Orma, WV Foreclosures
How much do homes sell for in Orma, WV?
The average home price is currently $113,862.
In Orma, WV, how many homes are available?
There are currently 1 active home listings available in Orma.
What’s the average rental cost in Orma, WV?
The average rental price in Orma is $911.
What is the most expensive home in Orma?
The most expensive home sold in Orma had a price of $367,186.
What is currently the cheapest priced home in Orma, WV?
The cheapest home for sale in Orma is priced at $31,369.
Living in Orma, WV
Orma, a quaint and picturesque community in West Virginia, is nestled within the heart of the Appalachian region. Known for its serene landscapes and friendly environment, Orma is an ideal location for those seeking a peaceful lifestyle. Residents enjoy easy access to outdoor recreational activities in nearby parks and a strong sense of community among neighbors.
Current Market Conditions in Orma, WV
The real estate market in Orma is currently characterized by stable home values, making it an appealing option for first-time homebuyers and investors alike. The community maintains a variety of property options, ranging from historic homes to newer builds, allowing buyers to find something that meets their needs and budget.
In recent years, there has been a growing interest in rural properties, resulting in an influx of new residents seeking the tranquility of rural living. This trend has contributed to modest price increases, particularly for homes with larger lots or unique features.
Home Value Estimator For Orma, WV
There are currently 56 real estate properties
in Orma, WV,
with a median automated valuation model (AVM) price
of $90,980.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Orma, WV, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Orma, WV,
is $113,862.00, with the most expensive house
in Orma, WV, topping out
at $367,186.00 and the cheapest home
in Orma, WV,
clocking in at $31,369.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Orma, WV!
Rent Prices
In Orma, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Orma, WV, is on
a rollercoaster ride. The
average rent price in Orma, WV,
is $911.00. Indeed, when looking to rent in
Orma, WV, you can expect to pay as little
as $590.00 or as much
as $1,350.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Orma, WV
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
